Goldman Sachs Comments on Apple After Resignation

Goldman Sachs has published a research report on Apple AAPL reiterating their views after the resignation of Steve Jobs as CEO. In the report, Goldman Sachs wrote, "Steve Jobs resigned from his role of chief executive officer of Apple; Tim Cook, chief operating officer, will succeed him. In a brief letter, Mr. Jobs wrote that he could no longer meet his duties as CEO, but he will remain at Apple as chairman of the board of directors." Goldman Sachs rated Apple a Neutral with a price target of $480.00. Apple closed Wednesday at $376.18.